What Is a Special-Purpose Knowledge-Based Information System That Accomplishes Specific

question 169

Multiple Choice

What is a special-purpose knowledge-based information system that accomplishes specific tasks on behalf of its users?

• A) Intelligent system
• B) Artificial intelligence
• C) Neural network
• D) Intelligent agent

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Definitions:

Low Costs

Describes situations or processes that require a minimal amount of financial resources to maintain or complete.

Long-run Economic Profits

Profits that occur when a firm's total revenue exceeds its total costs, including both explicit and implicit costs, over the long term.

Threat Of New Entrants

The potential challenge posed by a new competitor entering an industry or market.